the dating business
Filed in archive Technology by tj on February 06, 2005
"Meir Strahlberg, CEO of Date.com, talked about the online dating business in a speech at an industry conference. Why does this matter to internet investors? First, Yahoo! and IACI both own an online dating business. Second, dating sites are big spenders on online advertising. Third, dating sites will converge with social networking and content businesses.
Here's the majority of the speech:
Jupiter Research forecasts that the online dating industry will grow to $550 million in 2006 from $220 million in 2002. bearin mind that these are only projections and that these forecasts are from October 2003. A new report will be out in a month. I think these projections are low, but even if Jupiter is correct, winning a small piece of a half a billion dollars is still a good business. And that's only in the U.S."
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online personals business dating technology dating+business venture+capital social+networking
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